The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: tejek who wrote (261904)	7/18/2010 5:40:53 PM
From: The Reaper	Read Replies (2) of 306849

Markets were oversold when all these companies announced their earnings. Then why didn't these stocks go up after their "stellar" reports? Oversold conditions should produce violent rallies on good news. The banks are showing profits because they've dropped their allocations for bad loans. A practice that is nothing more than financial trickery. AA and CSX showed improvement only because the auto industry recovered from their zombie like existence due to cash for clunkers and built and shipped cars to replace inventory thus the demand for aluminum and transportation of such inventory. GE is the walking dead. Let's see how all these companies "expectations" pan out over the next 3-6 months. TJ you really need to look further than just the headlines when you "analyze" these companies. Maybe you should stick to your political threads and leave financial threads like this one to the big boyz.

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